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Reply to "Does your DH listen to you when you discuss finances?"
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[quote=Anonymous][quote=Anonymous]DH and I have joint accounts. I typically select the funds we invest in (because DH isn’t interested in doing the research) and we decide jointly to invest in more risky things, like crypto. When the market was at its peak, I tried to get DH to agree to cash out. He had other opinions, so we didn’t. Now that we’ve lost 20% of our portfolio and are underwater with crypto, I can’t help feeling angry that DH refused to sell when we could have come away with considerable gains. For people with joint finances, how do you decide what you do if you and your spouse have differing opinions?[/quote] My husband and I agree not to try to time the market. There is less to debate and a lot less urgency in our decision making/communications. You won’t lose 20% of your portfolio over time. It will come back! And didn’t you just save yourself from a lot of taxes by not cashing out? If you had now you would be sitting around worried about where to put the money and when? [/quote]
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